India and South Korea sign MoU on technical cooperation in rail sector
The Dollar Business Bureau | @TheDollarBiz Ministry of Railways is targeting total freight loading of 1,101 million tonnes in FY2014-15 South Korea will cooperate with India and provide its technical expertise to modernise the Indian railways under a Memorandum of Understanding (MoU) signed between India’s Ministry of Railways and the Ministry of Land Infrastructure and Transport (MOLIT) of South Korea in Seoul today. Arunendra Kumar, Chairman, Railway Board represented India during the signing of the MoU, while the Korean side was represented by Yeo Hyung Koo, Vice-Minister, MOLIT. India’s Ministry of Railways said in an official statement, "The MoU would enable technical assistance and cooperation between the Railways of the two countries on areas such as High Speed Rail, Modernisation ...
